Bitcoinprice
BTC about to breakout on the H4 ChartBTC is currently trading above a major daily trend that goes back to January of 2024. The trend cuts the bearish and bullish action in half. That line is about to flip back into bullish territory. This spells major gains for btc in my opinion. There will be a H4 updated following with the smaller trend playing with the larger trend.
ALGOUSDT Surges by 82.83%The cryptocurrency ALGOUSDT has experienced a powerful rally, rising by an impressive 82.83% and achieving a price of $0.21900. This significant growth marks the successful attainment of the second target, reinforcing its bullish momentum. Despite reaching this milestone, ALGOUSDT shows no signs of slowing down, with the uptrend still intact. The trade remains
open, as further potential for upward movement is anticipated. This remarkable performance highlights the strength and optimism in the market for ALGOUSDT. Traders are encouraged to monitor this dynamic asset closely.
CLV: Explosive Opportunity – Don’t Miss the Pump!We’re aiming for $2, and the goal is clear: CLV is about to take off, and the move could happen at any moment. Telegram, Reddit, and Discord pump groups are already preparing for the next big boom, and we’re giving you a heads-up so you don’t miss out.
Why bet on CLV now?
The token has an extremely low market cap, making it the perfect candidate for a sudden breakout. With so much untapped potential, CLV can easily surpass $1 billion in market value.
This week alone, we’ve seen several meme tokens hit billions, and now it’s CLV’s turn. The setup is ready, and the next big move is being planned.
Immediate action is key:
Don’t miss this once-in-a-lifetime opportunity. Jump in now, load up your bag, and get ready for the pump. The plans are already in motion, and those who act early will reap the biggest rewards.
⏰ The time is now! Join before it’s too late. COINBASE:ETHUSD BINANCE:BTCUSD COINBASE:BTCUSD
Long set up bitcoin from 15 novembreYesterday, 15 November, I posted that the price of Bitcoin was bullish and I wanted to see a break of the red box to open a long. That's what I did. Now I'm in profit and I'm waiting to hit the 97.000k. I did what I said in the chart In my analysed before. The price was bullish. She was in a falling wedge as she did also a successfully head and shouders. Now wait to hit the take profit
BITCOIN - why I expect (120K -130K) is a peak of this cycle
My wish is to reach $200k but I have a reason and I would like to share it with you.
The reason is related to historical and time assumptions and it is the core of the markets (logarithmic movement).
🔸Here are some statistics:
- Bitcoin's decline rate in 2014-2015 was 87%
- The decline rate in 2017-2018 was 84% (3% small difference).
- The decline rate in 2021-2022 was 77% (difference 7%)
🔸 - Why did 2022 record a lower rate? Because of time
Yes, because it rose to a close to the top with a slight difference early and had a full year until the end of the cycle, so it reached 64,000, then fell 55% and returned to rise 140% and formed a double top from this movement and ended its cycle on time in November 2022, as the oscillation process took 7 months on two sub-waves before the end of the cycle, so achieving the top before its time is important to settle the rest of the calculations.
But the two cycles 2014-2017 because the rate of rise was flexible and had space, it achieved large ascending rates and from there it fell directly without oscillation.
And we said with the passage of time and the stability of the cycle every 4 years and also we have decreasing peaks and bottoms, it will definitely work on oscillation when it achieves the main peak until the cycle ends.
🔸 Notice in blue the formation of the peaks and how they were different in 2021-2022 on M shape and indicator of exploiting the time period until the end of the cycle, which is expected to happen in this cycle for a long oscillation and the formation of more than one peak until the time ends and it falls.
🔸Ok now it has a very long time until the end of the current cycle which will end in November - December 2025 we are talking here about a whole year what will it do?
From this point of view everyone has seen the majority's expectations that it will rise to astronomical numbers 500k and a 1M we all hope for that but the reality is different.
So I currently expect 120,000 - 130,000 a major peak in which I guarantee myself not to enter into high assumptions and risks.
But be careful here an important condition must be met which is the basic sign of the end of the rise of Bitcoin ..
🔸 What is it? (The explosion of ALTS to the point of hysteria and here we say that the peak has been achieved).
This means that the violation of expectations and their conformity lies not in the rise of alternative currencies but in a crazy explosion regardless of whether the price of Bitcoin is higher or lower than my expectations.
🔸Okay, is there any objection to Bitcoin going to 200k and 300k?
Of course the answer is no in a restricted way, meaning that Bitcoin rises at a sharp angle like 2014-2017 and takes advantage of the entire cycle time, so it will naturally achieve those numbers, but it conflicts with the behavior of the logarithmic movement between price and time.
🔸Final point:
The percentage of the decline in the next cycle will be less based on past data. If we assume that the percentage will be between 65% and 60%, and considering that the main bottom will be between 58,000 and 48,000, Bitcoin's rise may extend to $150,000 as a maximum, but as I said, it is governed by the condition of the explosion of altcoins, as they are the ones who will determine the credibility of all those numbers and percentages.
BEST Regards Ceciliones🎯
Bitcoin Rally Faces Key Test Head and Shoulders Pattern in FocusThe rally in Bitcoin could partly be attributed to broader market optimism, often driven by political events. When markets are buoyant, Bitcoin, seen as both a hedge and a speculative asset, benefits from increased risk appetite among investors. That said, Bitcoin’s behavior in relation to politics can be unpredictable.
So, with that in mind, we’re now looking at Bitcoin on a 4-hour chart, and a head and shoulders pattern is forming. If this plays out, we could see Bitcoin break the neckline and drop to $80,064.72. But don’t forget Bitcoin is still bullish, especially with the influx of money following the November 5th victory of the newly elected president. Keep that in mind as we watch this pattern unfold.
If you’re following along, hit that like button. Have a great day!
Flipping Options: A Bearish Signal for Bitcoin?
I'm not a psychic, and I don't have a crystal ball, but here's what I clearly see and can share with you: for several days now, there’s been a flow of options at the 100,000 strike changing hands.
What's crucial is that this option series still has 14 days left before expiration, and there's a high probability it could go in the money, meaning it could exceed the 100,000 mark.
However, these options are being flipped, locking in profits, which suggests that traders aren't expecting further upside or don't believe in it.
The 'strong hands' are selling to the 'weak hands,' indicating that sentiment isn't favoring further growth.
The bottom line : Bitcoin's upward momentum is either facing or has already encountered some serious headwinds.
It's unlikely that we’ll hit 100,000, and if we do, it might just act as a ceiling for any near-term growth
Data Source: CME
Most optimistic price prediction for BitcoinI took price of bitcoin from every top of bull market and then compared it with the next bull market peak. In 2018 in comparison with 2020 price has risen around 1200%. From 2020 peak to 2022 bitcoin has increased its value by +/- 300%. Taking it into consideration I can predict that next beak will be nearby $150.000 top.
BTC at a Crossroads: Will Support Hold for the Next Big MoveGood evening, trading family.
At MindBloome Exchange, the golden rule is: trade what you see, not what you think. Keep it simple.
Bitcoin’s holding a support level at 86955, looking to hit 88250. If it breaks, we’re headed toward 91K and beyond. If it reverses, watch for pullbacks to 86176, 85155, 82700, or 80K.
For new traders: don’t overthink it. Stay chill, like riding waves—wait for the market to show its direction, then make your move. Focus on the charts and let the trends guide you.
Mindbloome Trading/ Kris
Bitcoin's Next Big Move: Key Price Levels You Can’t Miss!Bitcoin’s current price range is positioned between $87,700 and $93,300, remaining consistent with yesterday’s analysis. Understanding these pivotal levels is essential as Bitcoin reacts to critical support and resistance zones highlighted in the chart.
🔑 Key Observations:
1️⃣ Above $93,300: If Bitcoin successfully breaks out above this level, it is likely to sustain its upward momentum. ⭐️⚡️
2️⃣ Below $87,700: A dip below this key threshold could trigger a move towards the next significant support zone at $86,000, which is marked in blue on the chart.
🚨 Stay vigilant and monitor these critical price levels to refine your trading strategy and make informed decisions.
✨ Follow for continuous market updates and insights! ✅
Bhutan’s $33M Bitcoin Sale – What’s Next for BTC?In a major move that has captured the crypto world’s attention, Bhutan’s government has offloaded $33 million worth of Bitcoin ( CRYPTOCAP:BTC ) through Binance. This sale comes just weeks after the country’s previous $66 million BTC sell-off. As Bitcoin hovers near all-time highs at around $91,000, the Royal Government of Bhutan appears to be taking profits, which is influencing the broader crypto market sentiment. This article delves into both the technical and fundamental aspects shaping Bitcoin’s next moves as whales offload and accumulate, with a potential BTC milestone of $100,000 looming.
Bhutan’s Profit-Taking & The Whales’ Game
According to Arkham Intelligence, the Royal Government of Bhutan recently moved over 367 BTC, valued at $33 million, to Binance, capitalizing on Bitcoin’s rally after it touched a high of $93,000. Bhutan’s activity in the Bitcoin market signals a strategic profit-taking move, potentially a wise decision in a highly volatile environment.
But Bhutan isn’t alone in its CRYPTOCAP:BTC strategies. Over the past week, other Bitcoin whales have collectively accumulated over 100,000 CRYPTOCAP:BTC , revealing a balanced dynamic where one faction is securing profits while another continues to build positions for the anticipated bull cycle. This mixed whale sentiment could create temporary selling pressure, but it also underscores confidence in Bitcoin’s long-term potential.
Interestingly, the United States may soon adopt an even more active role in Bitcoin acquisition. Under a proposal by pro-crypto Senator Cynthia Lummis, the U.S. government could acquire 1 million BTC annually over five years, with former President Donald Trump proposing a Strategic Bitcoin Reserve. This government-level activity suggests a significant endorsement of Bitcoin as a strategic asset.
Technical Analysis
As of this writing, Bitcoin is up 1.31%, trading at approximately $91,000. Over the last few weeks, CRYPTOCAP:BTC has navigated a symmetrical triangle pattern, a technical setup indicating consolidation before a potential breakout. Recently, BTC broke above the rising trend channel formed by this triangle pattern, signaling bullish momentum.
However, with Bhutan’s latest sell-off, traders may react to this profit-taking by adopting a cautious stance, which could lead to a price correction. If CRYPTOCAP:BTC retraces, it’s likely to find support around $84,000, a critical level identified by analysts as a consolidation floor.
Beyond this immediate outlook, the $100,000 milestone remains within reach. Many traders and analysts view this psychological level as the next major target, especially if the ongoing accumulation trend by whales persists. The broader crypto market capitalization has rebounded from a low of $2.99 trillion to its current level near $3 trillion, underscoring the market’s resilience despite recent sell-offs.
What’s Next for Bitcoin?
Bhutan’s sale of $33 million in BTC represents a potential short-term headwind for Bitcoin’s price. Crypto analyst Ali Martinez also anticipates a price correction, driven by profit-taking and an influx of selling pressure. However, the fundamentals of the market, including whale accumulation and the broader institutional interest in CRYPTOCAP:BTC , remain strong.
For traders, the key levels to watch are the $84,000 support and the psychological $100,000 resistance. A sustained rally toward $100,000 could lead to another round of institutional interest and further accumulation by whales, solidifying Bitcoin’s position in a long-term bull run.
Conclusion
Bhutan’s profit-taking reflects a strategic approach to Bitcoin’s ongoing rally, with the government banking on BTC’s parabolic price rise. While this move could trigger a brief price correction, accumulation by other whales and ongoing institutional interest suggest that any dips may be short-lived. With Bitcoin close to reaching the historic $100,000 level, the coming weeks are poised to be crucial. As whales continue their moves, keeping an eye on these key technical levels will be vital for traders looking to capitalize on Bitcoin’s next leg up.
Is Bitcoin's Bullish Momentum Sustainable? A Detailed AnalysisBitcoin, the world's largest cryptocurrency, has been on a tear recently, with prices surging to levels not seen in years. This article delves into the key factors driving this bullish momentum and explores the potential implications for the cryptocurrency market's future.
The Bull Flag Formation: A Technical Analysis Perspective
A key technical indicator that has caught the attention of analysts is the formation of a bull flag pattern on Bitcoin's price chart. This pattern is characterized by a sharp upward move, followed by a period of consolidation within a descending trendline. Once the price breaks out of this flag, it often leads to a significant upward move.
First Mover Americas highlighted Bitcoin's flirtation with the $90,000 level, emphasizing the volatility of the market. Such price swings are common in cryptocurrencies, particularly during periods of high momentum.
The Role of Retail Investors
While institutional investors have been a major force in the crypto market, retail investors, often referred to as "shrimps," have also played a crucial role in driving Bitcoin's recent rally. These shrimps have been actively accumulating Bitcoin, even as whales have been offloading their holdings. This suggests that retail investors are increasingly confident in Bitcoin's long-term potential.
Overheating or Sustainable Growth?
A common concern among investors is whether Bitcoin's rapid price appreciation is sustainable or if it is a bubble that is about to burst. Key metrics like the Hash Ribbons Indicator can provide valuable insights into the health of the Bitcoin network. The indicator, which tracks Bitcoin's hash rate's long-term and short-term moving averages, has recently crossed over, signaling strong miner confidence. This bullish crossover has historically been followed by significant price increases.
Furthermore, Bitcoin's Weekly RSI (Relative Strength Index) has entered the overbought zone, indicating that the asset may be overvalued in the short term. However, the last time the RSI reached this level, Bitcoin surged by over 80%. It's important to note that technical indicators should be used in conjunction with fundamental analysis to make informed investment decisions.
The Impact of Increased Trading Volume
The surge in Bitcoin's price has been accompanied by a significant increase in trading volume. This increased activity, driven primarily by retail demand, has further fueled the rally. As more and more investors flock to the cryptocurrency market, the demand for Bitcoin is likely to continue to grow.
Conclusion
Bitcoin's recent bull run has been fueled by a combination of technical factors, strong investor sentiment, and increased retail demand. While the cryptocurrency market is inherently volatile, the underlying fundamentals of Bitcoin remain strong. As the network matures and adoption grows, Bitcoin's long-term prospects appear promising.
However, it's essential to approach cryptocurrency investments with caution. Investors should conduct thorough research and consider consulting with a financial advisor before making any investment decisions.
Bitcoin Price: Key Support and Resistance Levels to WatchBitcoin has recently completed a break of structure within its internal framework, positioning its current price range between $85,000 and $93,300. Following this significant surge, a retracement is anticipated, with the closest retracement zone identified between $90,500 and $88,900, which aligns with Bitcoin’s equilibrium level.
🔑 Key Observations:
1️⃣ Above $88,900: As long as the price stays above this level, Bitcoin is expected to maintain its upward momentum. ⭐️⚡️
2️⃣ Below $88,900: A break below this threshold could trigger a move toward the nearest support zone at $86,000, marked in blue on the chart.
The bullish scenario for potential higher prices is illustrated in white on the chart, while the corrective scenario, indicating a possible downward movement, is shown in yellow.
Stay alert to these key levels and trends to optimize your trading strategy.
Follow for regular updates! ✅
Bitcoin | In Satoshi V Trust Gentlemen welcome to BULL MARKET
The price of Bitcoin is $28,280 today with a 24hour trading volume of 45 billion dollars This represents a 4% price increase in the last 24 hours and a 40% price increase in the past 7 days
When iconic US investment bank Lehman Brothers Holdings Inc. filed for bankruptcy in 2008, it shook people’s faith in banks so much that a new class of asset, which did not have the backing of any formal bank, came into being. Bitcoin, the most popular cryptocurrency, first found a mention in November 2008, about two months after the Lehman crisis. A decade later, cryptocurrencies have become one of the most debated financial assets, globally and in India, in terms of risk and returns. now in 2023 Banks fails even bigger and bitcoin is here to shine
Right now all big companies including Amazon, Microsoft, BlackRock, BridgeWater ... got an eye on crypto and buying the dip while the old banking system shows its flaws
all indicators sending bullish signal and be ready for 28500, 28700 and 28900$
BTC long time scenariosSo after this big dip it sound more easy to look from far on the Monthly Chart.
it can show use clearly that we are still in this bear Market for a long time.
Only a good catalyst would make BTC back in power mode.
First support would be a strong bounce on EMA at 4000ish.
Second Supoort 3200-3000. FOMO rebuy.
And the last one 1200-1500. Back to 2014 ATH.
Happy Tr4Ding!
Bitcoin Breaks $90,000! The Road to $100K is Now Wide Open!Wow, what an exciting breakthrough! 🚀💥
Bitcoin has finally smashed through the $90,000 resistance level, a monumental psychological and technical barrier, and the path to $100,000 is now wide open! Here’s why this recent breakout could be the start of an incredible rally, potentially pushing BTC to the $100k mark within the next one to two weeks:
The Breakthrough Moment: Breaking the $90,000 level is huge! This resistance has been tested repeatedly, and with every test, it weakened, allowing the bulls to finally surge past it with incredible force. Now that we’re trading above this critical level, it’s likely to turn into a strong support, giving Bitcoin the launchpad it needs to soar even higher.
Explosive Momentum: Just look at the steep upward trend leading into this breakout! The consistent higher lows and increasing buying pressure tell us that the bulls are in full control. This momentum, combined with the psychological FOMO (fear of missing out) that often accompanies these big moves, could drive an even bigger rally as new investors pile in.
All Eyes on $100,000: The $100k level is the next major milestone, and with this kind of upward trajectory, it feels within reach. Bitcoin has shown us before how quickly it can move in a bullish trend, and with the $90,000 barrier now broken, it’s like a green light for buyers everywhere.
Market Sentiment and Hype: The energy in the crypto space is electric right now! Breaking through key levels attracts even more traders and institutions, driving further demand and creating a virtuous cycle of buying pressure. As more people take notice, the psychological magnet of $100,000 will only get stronger, accelerating the buying momentum.
With the $90,000 level now acting as a solid support, Bitcoin seems poised to continue this rally, and the long-anticipated $100,000 mark could be just around the corner. Buckle up—it’s looking like an exhilarating ride ahead! 🚀